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Golfing legend Arnold Palmer has played in his last competitive golf tournament.

SPRING, Texas – An aching back and too many bad shots finally convinced Arnold Palmer to end his competitive career. Palmer withdrew after playing only four holes of the Administaff Small Business Classic on Friday, then told his loyal fans at the end of the round that he was retiring from tournament play.

Palmer made the tearful announcement with a large group of “Arnie’s Army” huddled around.

“I made every move in the bag today to make a good shot and I wasn’t very successful,” Palmer said. “That’s not surprising. It just didn’t come today. It’s been working its way into my repertoire. It’s tough and it’s emotional for me because it’s my life.”

Palmer, 77, has played less frequently in recent years. He had played in only one other Champions Tour event this year. He hit two balls into the water on the par 4, 440-yard No. 4 hole Friday, playing in a threesome with Lee Trevino and John Mahaffey.

He played the rest of the round but did not keep score.

“I’ve been doing this for a long time and, first of all, to stand out there and not be able to make something happen is very traumatic in my mind,” Palmer said. “The people, they all want to see a good shot and you know it and you can’t give them that good shot. That’s when it’s time.”

Palmer played his final PGA Tour event at the 2004 Masters, a record 50th consecutive start at Augusta National. His first victory at the Masters in 1958 is where “Arnie’s Army” was created, a time when television began to take an interest in golf and had the charismatic Palmer to bring the masses to the game.

Known universally in golf as “The King,” Palmer joined the PGA Tour in 1955 and won the Canadian Open that year for his first professional victory. He won the last of his 62 PGA Tour titles in the 1973 Bob Hope Classic, and he last won a Champions Tour event in 1988 at the Crestar Classic. He’s fourth on the PGA Tour victory list with 62, won 10 times on the 50-and-over tour â€” including five majors â€” and also won the 1954 U.S. Amateur.

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Palmer said he would play in some charity events “but now there are no more thoughts of tournament golf.”

Palmer said he would spend more time with his other business pursuits.

“It isn’t that I’m not busy,” Palmer said. “I’ve got a lot to do. I’m going to concentrate on building golf courses now and really spend a lot of time doing that. I’ve got quite a few on the books ready to go. That’s going to be my next major passion.”

Trevino grabbed Palmer’s ball after the final hole and asked him to sign the ball and Palmer’s glove.

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Palmer said he finished the round because he owed it to his fans, a trait that followed Palmer throughout his Hall of Fame career.

“My toenails were aching,” Palmer said. “I took a bunch of pills and I made it and I feel fine now. I’m still aching. I’m glad I did the 18 holes. I sat down a couple of times and I wasn’t sure I’d get back up.”

I didn’t start following pro golf till after Arnie had won his last PGA tour event. Still I knew of how popular Palmer was and the remarkable record of wins he had accumulated during his career. For at least five years in the late 50′s and early 60′s there was no better golfer in the world.

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